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Funding growth in bank-based and market-based financial systems

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Funding growth in bank-based and market-based financial systems
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Aslı Demirgüç-KuntFirst published 20001 editions

How the relative development of a country's stock market and banking system affects firms' growth is closely tied to how well developed the country's contracting environment is. How differences in the contracting environment affect the relative development of the stock market or banking system may have implications for which firms and which projects get financing.

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First publish date 20001 credited authorSearch language english

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  • Aslı Demirgüç-Kunt

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